Restricted stock

Restricted stock is stock with rules about its transfer. Stock with rules about when it can be sold (restricted stock is usually issued as part of a salary package, and has a time limit on when it can be fully transferred).

Definition

According to the HRBoK Guide,

Restricted stock. Stock with rules about its transfer. Stock with rules about when it can be sold (restricted stock is usually issued as part of a salary package, and has a time limit on when it can be fully transferred).